Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

PR to increase its transport share from 4% to 20%

byCT Report
09/06/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: In line with the government’s vision 2025 for infrastructure development during the next ten years, Pakistan Railways is to undertake necessary steps to increase its share in the overall transport sector of the country from four percent to 20 percent.

Ministry of Railways is in the process of preparing Railway Strategic Plan (RSP) to operationalise the targets set in the vision which would provide a long term frame work for Railway sector development, official sources in the Ministry of Railways told APP. They said that ministry is taking new initiatives to improve performance of Pakistan Railways and achieve tangible results included improve availability of locomotives through special repair of existing locomotives and procurement of new locomotives.

You might also like

Cement Sales Rise 7% in September 2026

03/10/2026

FoST partners with Wateen Telecom to deploy GPON & AI-based surveillance at FRTZ

02/10/2026

“A comprehensive policy for disposal of surplus scrap has been introduced with the aim to improve financial through an open, fair and transparent process,” they added.

To a question, they said that economic corridor development and regional connectivity are important initiatives, which are expected to play vital role in national economic growth. They said that up-gradation of Mainline-1, transport and communications (ML1) and construction of dry port and cargo handling facility have been included, as Early Harvest Projects (EHP) under China-Pakistan Economic Corridor (CPEC) and preparatory work on these projects has been initiated on fast track basis. Up-gradation of ML-II, ML-III and establishing new lines for linking Gwadar, Khunjrab has also been planned. Up-gradation of ML-III Quetta-Taftan Railway line is an important section of railway network in the context of regional connectivity with Europe through Iran and Turkey and tapping the mineral potential of Balochistan province of Pakistan, they added.

They said that Pakistan Railways has production facilities for assembling of locomotives and carriages at Risalpur and Islamabad, respectively.

To run these facilities on modern lines the Ministry is seeking investment through various options. Various options for joint ventures can be explored in this area, they added. They said a project for computerisation of Railway land record has been initiated in order to harmonize the Railway land record with the record of all the provincial revenue departments.

Related Stories

Cement Sales Rise 7% in September 2026

byCT Report
03/10/2026

ISLAMABAD: Pakistan’s cement dispatches increased by 5.95% year-on-year to 4.621 million tons in September 2026, driven mainly by stronger domestic...

FoST partners with Wateen Telecom to deploy GPON & AI-based surveillance at FRTZ

byCT Report
02/10/2026

KARACHI: Wateen Telecom, Pakistan’s leading ICT and digital solutions provider, has entered into a strategic partnership with FonGreen Silicon Technologies...

LPG prices rise sharply as OGRA sets October rates

byCT Report
01/10/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a significant increase in liquefied petroleum gas (LPG) prices for...

McDonald’s Pakistan celebrates 28 years, recognises partners

byCT Report
30/09/2026

ISLAMABAD: McDonald’s Pakistan has marked 28 years of operations in the country by recognizing the local businesses and organizations that...

Next Post

Ukraine's gas company to possibly work with Russia's Gazprom

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.